Topic: Who or what moron is buying dash at these prices (Read 3487 times)

Here you go folks.

These are the reasons for the rise. No pumper "exit" nonsense, no "scam expansion", no....[fill in your favourite green-eyed imaginary scheme here].

Just plain old hard work, good design decisions and....essential ingredient....survival time

https://bitcointalksearch.org/topic/m.18215222

Amen.  However, it is indeed what crypto became.... unfortunately.

No that's not why Bitcoin or altcoins were made. That's called a Ponzi scheme. Bitcoin was made to try to give privacy and control over money back to people, and freedom to make choices. For example, if I'm a grown adult and I work a job to make money why the hell should the government say I'm not allowed to gamble my own damn money on poker? That's BS. That's the kind of thing Bitcoin was made for. It's trying to set things right from corrupt government and corrupt laws. For example, the government is fine with lottery gambling, or gambling they approve because they get a cut, where the odds are often far worse.

That's just a small part of the story. The real story is about how inflation robs people of purchasing power. That's why people have been getting poorer since the 70's and the middle class has been shrinking. That's a long complex story so I won't go into it. The point is Bitcoin and altcoins are trying to make the world a better place. They are legitimately trying to help. People should make tons of money for inventing things that improve people's lives. That's capitalism. That doesn't look like what we have here with DASH, though. Instead DASH and possibly other coins I haven't researched yet may end up giving cryptocurrency a bad name and de-legitimzing the idea. That's not cool. Not at all.

I don't see anything wrong happening out there people are just taking advantage of the low market cap and that's totally allowed as bitcoin or even the altcoins were made to give profit to it's investors and currently it is doing that successfully. Even though it has gone too far we can't do anything about it.

Interesting how this question is yet to be answered

I also find it interesting that folks here jump all over Ripple calling it a centralized coin, even though node operators are free to choose any desired validators (which are not anonymous).

But these same people think that Dash is not centralized, but as a node operator you have no choice but to trust any masternode that has put up 1,000 Dash even when that masternode (and all other masternodes) are completely anonymous.

LOL!!!!

Not at all. If there is a complaint about Monero let's hear that too. I'll certainly be looking into the history. A lot of people are not familiar with many of these coin's history, but the price rise is drawing more scrutiny.



No, they're not. Who controls Bitcoin? The community can't even decide on a simple change to increase capacity. Even Litecoin founder Charlie Lee is apparently having problems getting miners to accept SegWit.



What's that supposed to mean? The government created TOR too (Navy). In fact, the Internet itself is based off a government project (DARPA). There are limits on what the government can do. As long as it's known what the government can and cannot do people can operate safely/anonymously. Open-source software means anyone can review the code. There are literally thousands of pairs of eyes on Bitcoin's code. There is no way the government could change code to compromise user privacy in a way nobody would soon find out about.



This is a thread about DASH, due to the price rise. As I said, nobody is stopping anybody listing complaints on other coins. If other coins are also problematic then they will become more exposed as they gain market attention too. That's how it works.

ohhhh dashit! no wonder i couldn't find darkcoin on coinmarketcap. 
they decided to take dark away and potential investors moved into them, seem a fair analysis actually. i can see why the price rise. seem like their team always have the way to blend with the new  technology.  kinda like Metallica that dresses hiphop and raps.dash team seem to be pretty effective though price speaks.

   Funny joke.

DASH is just the new name for darkcoin, when the promotion machine realized that the dark in darkcoin was going to push away potential "investors".  Darkcoin was to get it going, the new feature was automatic mixing.  But then, better anon cryptography came out (cryptonote and zerocoin) and their anon feature was clunky.  So they changed communication strategy, and changed names.

at this point only those who are newbies and panic buyers are buying Dash after this much pump because the rest of us know very well how risky this is to buy it after the huge rise and when the price entered a bubble!

bitcoin price is already $1200 and yet people are still buying it.  DASH is less than 10% of its price. why not buy?



where the hell is darkcoin now? if its better they should have more value today than dash. dev team always have the crappiest fud to spread when they know their coins has less value.

90% of trading is bots on these big boy coins.  it's messed cos they are so manipulated and controlled by those that have the most.

sadly a legit/fair coin like WBB with REAL work and business applications about to become real very soon see no $ into them. fucked.

If the DASH people were serious, they should have taken the DRK code, and started a new coin from scratch, called it DASH without the Darkcoin instamine legacy.

Most likely victims who have yet to find out its a ponzi scheme,

learn more about dash
http://www.nasdaq.com/article/op-ed-a-closer-look-into-dash-part-1-cm760740
http://www.nasdaq.com/article/op-ed-a-closer-look-at-the-origins-of-dash-part-2-cm761072

"realise that Dash  Founders were not the only people mining at the time" - 40 Amazon instances and 40 Microsoft ones instamining the shit out of it. The windows wallet was not available at the moment and neither the roadmap.

"and massive amounts of Dash were sold off on the markets early" - That carrot looking motherfucker (Duffbar) never sold a Dash out of his >1M instamine. He knew exactly what he was doing, as seen in the masternode implementation that came shortly after. On top of the 45% that was/is taken by his instamine every day, the Carrot even had the cojones to ask for an additional 10% for development.

"Was The Instamine A Positive Thing For Dash?" - LMFAO

I won't say that I never had DASH.  I bought a few DASH 2 years ago (less than 10 coins) and I couldn't use darkmix, so I sold them.  Now, I'm not touching it with a stick. 

Quote from: dopamine on March 15, 2017, 08:37:56 PM

Epic fail. Can't tell him which masternode is his LOL

No, a genius is someone who uses their intellect to bring something to humanity. Not a crook who deceived for profit. Read up about Ponzi schemes because that's all Dash is.

Ps I've never touched your ponzi Dashit and never will.

If it works out for him, he's a genius.  Nobody's obliged to buy what so ever any DASH.  He didn't sign any contract with anybody.  The facts are out there.  If he can still obtain your money, that's what I call a genius.  He's not promising anything.  People just come and buy his coin.  He sells it. 

He's not crazy and crash the market.  I would very, very slowly dump small amounts of coins, but keep the price high enough for "young blood" to come in.  When he will be done, he can hire Bill Gates as butler.

No, it makes him a fraud, and his ponzi shitcoin a scam.